You may have always dreamed of racing around the city in a brand new sports car of your dreams but the financial burden has kept this more cherished dream unfulfilled. You may have thought about financing your dream car, but the banker refused your loan application because of your poor credit history. A poor credit history happens often due to a default in monthly payments of past loans, redundancy in a possible financial transaction you have made, or for an issue of a county courts judgments that was against you. There are a lot of people out there with poor credit profiles and for them a bad credit auto loan is certainly great news.